Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts.

BrokerAnalystRecommendationTarget priceDate

ABN AMRO ODDO

Stefano ToffanoNeutralEUR 1.757 Nov 2023

Bank of America

Muneeba KayaniUnderperformEUR 1.404 Apr 2023

Barclays Capital

Marco Limite

Underweight

EUR 1.45

7 Nov 2023

Degroof Petercam

Frank Claassen

Hold

EUR 1.75

6 Nov 2023

ING

Marc Zwartsenburg

Hold

EUR 1.45

4 Dec 2023

Jefferies

David Kerstens

Hold

EUR 1.50

7 Nov 2023

KBC Securities NV

Michiel Declercq

Hold

EUR 1.70

7 Nov 2023

KeplerCheuvreux

Nikolas Mauder

Hold

EUR 2.00

15 Aug 2023

UBS

Ivar Billfalk-Kelly

Neutral

EUR 1.90

8 Aug 2023

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 4 December 2023/14:20

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

CONSENSUS PRE Q3 2023 (€ million)

October 2023

3Q23 EFY23 E
 consensusconsensus
Revenue  
Parcels5502,301
Mail in the Netherlands3041,381
PostNL Other58234
Intercompany-178-720
Revenue total7413,215
   
Normalised EBIT  
Parcels973
Mail in the Netherlands-554
PostNL Other-2-15
Total normalised EBIT3114
   
Free cash flow228
   
Volume development parcels7.0%2.6%
Volume development addressed mail NL-9.0%-9.0%
Based on estimates of 9 analysts; consensus calculated as the median of their estimates.